What Does The Concept Of A Decent Standard Of Living Include?

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What Does The Concept Of A Decent Standard Of Living Include?
What Does The Concept Of A Decent Standard Of Living Include?

Video: What Does The Concept Of A Decent Standard Of Living Include?

Video: What Does The Concept Of A Decent Standard Of Living Include?
Video: What is Standard of Living? 2024, April
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Dignity is a word that denotes self-respect, as well as respect for a person from the people around him. In other words, dignity is the value of a human life.

And the concept of a decent standard of living means how well a person lives.

What does the concept of a decent standard of living include?
What does the concept of a decent standard of living include?

A decent standard of living is the satisfaction of different human needs

First, people want to eat, drink and live normally in a beautiful and comfortable house or apartment.

Secondly, a person feels the need for love, for self-development, for knowledge, for recognition of merits on the part of society. He wants to have a family, raise children, take them to good kindergartens, give them a quality education.

Satisfaction of all these needs means that a person has a decent standard of living.

What makes up the price for a decent lifestyle

The cost of living in each country is based on the costs associated with total government costs, as well as the average needs of each person.

The colder the climate in the country, the more money has to be spent on heating homes, raising livestock, growing vegetables and fruits. Because of this, the cost of utilities and products is higher than in a country with a milder and warmer climate.

The level of state income also affects the quality of human life. For example, the more the state sells oil, gas, and other products to other countries, the more money it can spend on salaries, social programs, subsidies. Of course, if at the same time it wisely spends budget funds, and does not steal them.

The material level of the population is growing, and people are starting to spend more money on both basic needs and entertainment. And the more they are willing to pay for a decent standard of living, the higher the quality of housing construction, goods and services becomes. At the same time, the manufacturer increases the costs of their production, and, consequently, raises the selling prices.

Each country has a different cost of living

Depending on the level of income and expenditures of the state, climatic and other factors, the price of a decent standard of living for a person in each country is different.

So, in America, the level of income per one average American must be at least 4-5 thousand dollars a month, so that a person can lead a decent lifestyle.

In Norway, people who receive at least 5-6 thousand euros a month have a good standard of living.

And in the United Arab Emirates, every boy at birth receives $ 1 million in a bank account. Such a high level of income in these countries from the sale of oil.

At the same time, in Thailand or Hungary, a person can get a decent standard of living for much less money.

An apartment, consisting of 2-3 rooms, with a separate living room and kitchen, with several bathrooms, can be rented for $ 300-500 per month, and the selling price of such housing ranges from $ 30-50 thousand.

The cost of good nutrition will be about $ 300-400 per person per month. Prices for other products and services are also relatively low.

Therefore, the cost of a decent standard of living in such countries can fluctuate in the range of 1-1, 5 thousand dollars per person.

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